Buying a house is a big dream for many H-1B visa holders. But one NRI took to social media to give the blunt advice no one wants to hear, “Don’t do it. Not in this job market.”
The warning comes from a fellow immigrant who’s seen too many friends suffer after making this exact mistake. They bought homes thinking their jobs were secure, only to be laid off a few months later.
What followed was panic, scrambling to find a new job in 60 days, rushing to sell homes, and losing money. In extreme cases the user even witnessed his friends leaving the country.
The US job market for H-1Bs and F-1 OPTs is no longer a paradise. Hiring freezes, layoffs, and sluggish responses from recruiters have become the new normal under Trump’s rule.
In addition to these worries and anxieties, taking on a house mortgage is not what any H-1B worker should plan on. NRI’s post quickly went viral with other members of the community agreeing with the advice.
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